Construction Loans | Home Construction Loans | BB&T Bank – A construction loan is a short-term loan-usually about a year-used to fund the construction of your home, from breaking ground to moving in. With a BB&T construction-to-permanent loan, your construction financing simply converts to a permanent mortgage when your home is complete.

That longer homeownership tenure is translating into greater equity build up and the rise in HELOCs. "I do think that one of the trends this ties into is keeping the primary home and leveraging equity.